Participation in Internships is strongly encouraged for all Business Administration and Accounting students.
Internships provide a learning experience that combines meaningful work in a real world environment, supervision by professionals with related expertise and active reflection by the student. Students can earn elective academic credit for participating in an internship. Interested students should start seeking information at the end of their sophomore year. The coordinator for the Austin E. Cofrin School of Business is Ann Selk, who may be contacted at 465-2756 or firstname.lastname@example.org. Visit our blog which includes valuable information for students and internship companies and organizations.
To aid in finding internships students can use the PRO system which is an online database found on the Career Services website. Networking and research are excellent ways to find internship opportunities. UWGB Career services hosts Job and Internship Career Fairs early in the fall and spring semesters. Students are also encouraged to use other sources to search for internships. Many students approach companies directly or use other online job search websites to look for internships. Tips to finding an internship; Video on where to find an internship
Business Administration Internship Eligibility Requirements for Students
Students interested in receiving credit for a Business Administration internship must have declared a Business Administration major or minor, have 36 earned credits and have an overall G.P.A. of at least 2.50. As a general guideline, a 3-credit internship would be a position requiring a minimum of 10 hours of work per week and a total of 150 credits in the semester.
Accounting Internship Eligibility Requirements for Students
Students interested in receiving credit for an accounting internship must have declared an Accounting major or minor, have 36 earned credits, completed and passed ACCTG 301, Intermediate Accounting, and have an overall G.P.A. of at least 2.75. As a general guideline, a 3-credit internship would be a position requiring a minimum of 10 hours of work per week and a total of 150 hours in the semester. A full time, 9 credit internship opportunity is also available to accounting students. See the prerequisite requirements below.
To qualify for academic credit an internship must meet the following three requirements.
- Meaningful Work -An internship should provide a learning experience in a work environment. The job responsibilities must require higher level skills that relate to a student’s career path. Internship credit will not be given for purely clerical work.
- Supervision- The student must be supervised by someone with appropriate education/experience who is qualified to give the student meaningful feedback.
- Reflection- The student and internship organization will be asked to complete a feedback survey at the end of the internship. In addition the student will complete coursework reflecting on the learning component of the internship.
Employer Internship Expectations
The internship organization must provide the meaningful work, supervision and feedback components. A commitment to offer a minimum of 150 work hours for a 3 credit internship is required. The intern’s supervisor must complete a feedback survey at the end of the internship. Visit our blog which includes a sample of the feedback survey and other valuable information.
Full Time Accounting Internships
Full time accounting internships provide valuable experience and expanded opportunities not available with part time internships. Many public accounting firms use full time internships as a primary recruiting and hiring tool. A full time internship offers intensive work experiences such as preparation of more complex tax returns or participating on client audits.
Students may receive 9 internship credits in one semester. A 9 credit internship requires a minimum of 450 hours of work. Internship responsibilities must be commensurate with those of an entry level accountant. The intern must be supervised by someone with appropriate training, education and experience.
2.75 GPA minimum
Intermediate Accounting ACCTG 301 and Seminar in Accounting Professionalism ACCTG 303
15 credits of upper level accounting courses selected from the following
ACCTG 305, ACCTG 306, ACCTG 312, ACCTG 313, ACCTG 314, ACCTG 316, ACCTG 410, ACCTG 411, ACCTG 412, ACCTG 413, ACCTG 414, ACCTG 415
How many credits can I get for an internship? The typical internship is for 3 credits. A student can receive up to 9 credits per semester depending on the number of hours worked and the level of internship responsibilities. For a 3-credit internship, you will need to work an average of 10 hours per week for the 15 week semester. 4-9 credits can be earned by students who have made significant progress in their respective degree. The internship must require a higher level of skills commensurate with advanced academic requirement. Internships in excess of 3 credits will be required to complete additional coursework as part of the internship reflection. Full time internships may be taken for a maximum of 9 credits. Students are limited to a total of 12 business and accounting internship credits
I'm currently working for a company. Is it possible to receive internship credits for my current job? In order to receive credit for an internship, the three elements of meaningful work, supervision and reflection must be met. If you are currently working in a job, it is possible to earn internship credits if your job duties meet the requirements in the semester in which you are registered for internship credits.
I've already completed an internship, is it possible to register for internship credits now? No. Retroactive internship credit is not possible.
How are Internships graded? Internships are graded on a Pass/No-Credit basis and count as elective credits only. Coursework reflecting on the internship learning experience must be completed in addition to the necessary work hours. Your supervisor must complete an online evaluation form. This evaluation will be used to determine whether or not you have met the expectations of your supervisor.
Are internships paid? Most firms offer paid internships. For profit companies must meet Department of Labor requirements if they use unpaid interns. Internships under Fair Labor Standards Unpaid internships in the public sector and for non-profit charitable organizations, where the intern volunteers without expectation of compensation, are generally permissible.
Do full time accounting internship credits count towards the 150 hour requirement to sit for the CPA exam in Wisconsin? Yes